Nano Labs, a main provider of web infrastructure 3.0 in China, recently took a daring step in the cryptographic space. He acquired 74,15 Binance Coin (BNB) tokens through an over -the -counter transaction worth around 50 million dollars.
Nano labs bets that bnb
This marks the first stage of the company’s BNB strategic accumulation plan. Its long -term objective is to have 5% to 10% of the total BNB traffic supply, and plans to allocate up to $ 1 billion to BNB. To support this objective, he plans to raise up to $ 500 million thanks to convertible tickets and a private placement.
With this purchase, the reserves of Nano Labs of major digital assets, including Bitcoin and BNB, are now amazed at around 160 million dollars. He also became the first public enterprise listed in the United States to adopt Binance’s play as an active principal of the Treasury. This distinguishes it from the typical trend of the company to hold Bitcoin or Ethereum.
In particular, the purchase of BNB of $ 50 million from Nano Labs seems to be more than a simple move of the treasure, it is a distance from its material activity in difficulty. In the second half of 2024, the company’s turnover dropped from $ 2.2 million to $ 2.2 million with losses totaling $ 8.4 million. With measures to reduce deep costs and R&D expenses down 62%, the pivot of the crypto is more like a survival strategy than a daring expansion.
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BNB is gaining ground with institutions
In addition to Nano Labs, a group of former head funds also announced its intention to raise $ 100 million to buy BNB through a Shell company listed in Nasdaq. This shows an increase in institutional interest for the token. The rise of the BNB as a treasure ratio intervenes while more and more companies adopt cash strategies focused on Altcoin, echoing the Bitcoin strategy of microstrategy.
BNB alludes to escape
In addition, the increase in institutional interest has strengthened the social domination of BNB, which is now at a two -month summit. If the momentum continues, its price could rally and break towards a new summit of all time.
BNB Token is currently negotiated at $ 659.20. It approaches a break because it is negotiated in a symmetrical triangle motif. Its global technical indicators are also optimistic. The price maintains the key mediums above the keys, and there is an additional potential for earnings if the purchase of the pressure continues.
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Faq
The purchase of BNB of $ 50 million from Nano Labs seems to be a strategic pivot of its material activity in difficulty. In H2 2024, the company’s turnover fell 39% to $ 2.2 million with $ 8.4 million in losses, suggesting that the transition to crypto is a survival strategy to compensate for the decline in traditional commercial performance.
No, Nano Labs is not alone. A group of former hedge fund managers also plan to raise $ 100 million to acquire BNB through a shell company listed in Nasdaq, indicating an increase in institutional interest for the token. This reflects the successful strategy of the Bitcoin Treasury of Microstrategy.
BNB’s increased institutional interest has increased its social domination to a two -month summit. Technically, BNB is currently negotiated at $ 659.20 and an approach to an escape from a symmetrical triangle model. Its global technical indicators look bullish, holding key averages above the keys, suggesting an additional potential for new peaks of all time.
